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China implements anti-monopoly law changes aimed at tech giants

China has implemented new rules with the aim of restricting the activities of the country’s major tech companies, anti-monopoly guidelines that could potentially benefit Apple.Like other countries around the world, China has been working to introduce laws intended to curtail the power of major tech companies. The State Administration for Market Regulation (SAMR) brought those new rules in force on Sunday, as part of a tech giant crackdown.The rules were a formalization of a previous draft law from November, reports Reuters, which proposed guidelines that major internet services must adhere to. These changes include preventing firms from forcing merchants to choose between supporting specific services and apps, as well as stopping actions that would fix prices, restrict technologies, and other market manipulation techniques. Read more…
Source: Apple Insider News and Secrets on New Apple Products

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